Concerns over the price of beans, a crucial source of protein for Lagos residents, are growing.
In an interview with the News Agency of Nigeria (NAN), the residents urged governments to intervene, claiming that the continuous price increase of beans since 2024 had become intolerable.
According to NAN, a 100kg bag of beans that sold for N55,000 at the start of the year now sells for N230,000, while a 40kg bag that cost N26,000 in January now sells for N115,000.
Due to this, many of the citizens are no longer able to afford basic food.
In response to the sharp rise in the price of beans. Uloma Chigozirim, a mother of four living in Santos Estate, Akowonjo, voiced concern that her children might go hungry.
Chigozirim said:
Uche Ikenga, a bean farmer in the Federal Capital Territory, Abuja, hinted at the potential cause of the increase in produce prices by pointing out that the crop was not an all-season.
Ikenga said:
According to Ahmed Yusuf, a beans merchant at the Ile-Epo Market’s Dry Foodstuff Section in Agege, beans might not be out of stock in the upcoming months.
He said:
A jewellery vendor, Mrs Bunmi Arowolo, demanded that the federal government and the state of Lagos intervene to address the situation.
According to Mrs Eugenia Uloma, a vendor at the well-known Kotangora Market in the Abule-Egba neighbourhood, beans are a staple food in Nigeria and are significant to all Nigerians.
TimesNow.com.ng reported that The National Bureau of Statistics has released a new report that indicates rising food prices in Nigeria.
The NBS data sample included 10,000 respondents and 774 local governments in all States and the Federal Territory.
According to Selected Food Price Watch, the average cost of one kilogram of locally marketed loose rice in April 2024 was N1,399.34.
Source: TimesNow.com.ng
